Budi Hartono

Robert Budi Hartono is a Chinese Indonesian tobacco billionaire with a 2018 net worth of US$12.6 billion. He owns and runs the privately held Djarum, the world’s third largest maker of clove cigarettes. Djarum has reportedly recently grabbed shares from the number two cigarette firm, Sampoerna.

  • R. Budi Hartono and his brother, Michael (whose fortune is listed separately), are the two richest people in Indonesia.
  • The brothers get more than two-thirds of their fortune from their investment in Bank Central Asia.
  • The Hartonos bought a stake in BCA, after another wealthy family, the Salims, lost control of the bank during the 1997-1998 Asian economic crisis.
  • The family first got rich in tobacco and is still one of the biggest clove cigarette makers in the nation.
  • With his brother, he also owns popular electronics brand Polytron, prime real estate in Jakarta and a stake in gaming startup Razer.